On Thursday, the budget allocated ₹5,800.15 crore towards construction of affordable homes across the state. In the budget presented by the Maharashtra Housing and Area Development Authority (MHADA), it has been proposed to construct 12,724 flats in Maharashtra, of which 2,152 will be in Mumbai, and 5,614 in Virar, Thane and Mira Road during 2023-24
While a zero deficit budget was approved for the ongoing fiscal, the revised budget for the previous financial year had a deficit of ₹1,136.47 crore. The other housing projects that have a mention are Antop Hill, Bombay Dyeing Mill Wadala scheme, Powai, Kannamwar Nagar in Vikhroli, Magathane in Borivali East, Dindoshi, Pahari Goregaon East, Siddharth Nagar in Goregaon, Dharavi Redevelopment Project Phase 1B, Motilal Nagar Redevelopment in Goregaon and Rs100 crore for the redevelopment of Police Housing Project Colony
https://www.freepressjournal.in/mumbai/mhada-to-build-12724-affordable-homes-in-maharashtra-for-5800-crore
Source: Free Press Journal
